DWF Labs co-founder Andrei Grachev recently affirmed that USDf, the synthetic stablecoin created by Falcon Finance, boasts an over-collateralization ratio of 116%. This reassurance comes after a previous de-pegging event where USDf dipped to $0.8799. Grachev elaborated on the reserve composition, stating that stablecoins and Bitcoin constitute roughly 89% ($565 million) of the backing assets. Altcoins comprise the remaining 11%. This high percentage of reserves in stable assets is intended to bolster confidence in USDf's peg to the US dollar. Falcon Finance, the project behind USDf, is also spearheaded by Grachev. Despite the earlier price fluctuation, CoinMarketCap data currently reflects USDf trading at $0.9927, suggesting a successful recovery and reaffirmation of its stability. ```
DWF Labs Founder Asserts USDf Stablecoin Over-Collateralization
Avertissement : comprend des opinions de tiers. Il ne s’agit pas d’un conseil financier. Peut inclure du contenu sponsorisé. Consultez les CG.
BTC
108 840,01
+0.68%